A property rental business will have a start date and an end date, and it is important to know what those dates are. When setting up a property rental business, there will be some preparatory work, and costs will be incurred inย setting up the business. The start date will draw a line in the […]
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In his recent mini-Budget, the then Chancellor announced a number of stamp duty land tax (SDLT) changes. What are the changes and how will they affect the SDLT that you will pay on your property purchase? Residential property SDLT on residential property is payable at the residential rates where the consideration exceeds the residential threshold.
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If you are a VAT-registered business you must charge VAT when you make taxable supplies. You must also pay over the difference between VAT you have charged and the VAT that you have suffered to HMRC (or, where a scheme such as the flat rate scheme is used, the amount due to HMRC under the
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